I could look over the numbers and rents and maybe make a more in depth suggestion.

If the person paying the bills is not on site, which way do you think it has a more potential to go?  

This works OK for relatively static and simple investments like a private placement or crowdfund, but can become rather cumbersome and expensive with a more time sensitive and transaction intensive asset such as a rental property.

@Ryan IngramThanks Ryan, I too am in favor of refinancing .Your argument makes a more stronger case for refinancing.

You will provide them with a realtor at no cost to them (there is no cost to the tenant) to help them find a new home that will provide them with a more long-term residence than your property will provide.

This works OK for relatively static and simple investments like a private placement or crowdfund, but can become rather cumbersome and expensive with a more time sensitive and transaction intensive asset such as a rental property.

Though you'd need to add back losses from PTPs, rental losses, and some other pieces.When in doubt, speak with a CPA who is well versed in your situation and they'll be able to provide a more definitive number for you.

If we can derive one thing about Baltimore City from the many posts on the topic, it is that Baltimore is a tremendous value play for rental investors.The question about where to do flips or if a flipping strategy in Baltimore is generally worthwhile is a more interesting evolution of the topic.

When we start looking for investment properties, we will send a more professional letter that clearly identify us as investors and emphasize the benefits (cash offer, quick closing, no hassles with listing it or having to do updates). 

I understand I could cash out refi but with time lines extended, banks tightening standards on cash out, and our need for a faster solution I’d rather put the property, which has significant equity, down as the leverage for a new loan for purchasing a new property.We have a rent roll option with 25% down at 7% interestHard money at 8% but only for 6 month time frame.We’d like a more competitive option that uses existing assets rather than typical credit standards.